458 W ELM Street, Nogales, AZ 85621

  • $650,000
458 W ELM Street, Nogales, AZ 85621

Overview

  • 0
  • Bathroom
  • 1964
  • Year Built

Description

Phenomenal investment opportunity to own a 12 unit multi-family property in the heart of downtown Nogales! Property is comprised of ten 2-bedroom units and two 3-bedroom units, all at full occupancy, with a majority of the tenant being long term renters! Ten of the units are on month to month leases with two of the units on year leases through the Nogales Housing Authority. Utilities are separately metered! Located 0.1 miles away from Sacred Heart of Jesus Parish, units are walking distance to all the amenities that downtown Nogales has to offer! At a 9.38% capitalization rate and an annual gross scheduled rent of $67,200, do not miss out!

  • Address ELM
  • City Nogales
  • State/county Santa Cruz
  • Zip/Postal Code 85621
  • Area CITY OF NOGALES

Details

Updated on September 16, 2023 at 9:09 am
  • Price: $650,000
  • Bathroom: 0
  • Year Built: 1964
  • Property Status: Multiple Dwellings

Additional details

  • Listing ID: 6605640
  • Source System: Arizona Regional Multiple Listing Service (ARMLS)
  • Listing Office: Realty Executives Arizona Territory

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